02/02/2017

FINMA sanctions Coutts for 1MDB breaches

In the past five years, FINMA has issued industry bans against six bank managers following serious breaches of due diligence requirements. Last year FINMA launched enforcement proceedings against six further bank office holders, four of them in connection

01/26/2017

OECD’s taxconvention covers entire financial sector

The sources said the FBR and other regulators, including the State Bank of Pakistan and Securities and Exchange Commission are finalising ‘common reporting rules’ for defining standards for exchanging information.